[Chart courtesy of MarketWatch.com] 1. Moving the Markets I could have been a lot worse, but the major indexes found some footing late in the day and managed to limit the downside damage with the S&P making up more than half of its intra-day losses. But then again, after last week’s nice gains, a pause was in order. Weak economic …
ETFs/Mutual Funds On The Cutline – Updated Through 07/31/2015
Below are the latest ETF Cutline reports, which show how far above or below their respective long-term trend lines (39 week SMA) my currently tracked ETFs/MFs are positioned. The first report covers the ETF Master List from Thursday’s StatSheet and includes 410 ETFs, of which currently 178 (last week 150) are hovering in bullish territory. The second report includes only …
One Man’s Opinion: Is The Current Recovery Driven By Leverage?
Investors were focused on stocks outside the US last year and it’s very refreshing to see that balance to come back, said Richard Madigan, chief investment officer at JP Morgan Private Bank. While investors can always look at Europe, Japan and some parts of Asia, they are over-thinking about growth in America. Growth in the US is slow and dynamic, …
New ETFs On The Block: ALPS Sector Leaders ETF (SLDR)
ALPS Holdings, the Denver, Colorado based fund issuer better known for its customized investment products, recently launched a product that seeks to avoid weighting anomaly in different sectors due to security mis-pricings. The newly launched ALPS Sector Leaders ETF (SLDR) is an effort by the company to avoid loss of diversification benefits associated with under– or over-weighting particular sectors. Market …